Summer is on its way! But according to our recent temperatures locally, I can say that I think Summer has already arrived!
It’s time to talk about the current Real Estate market temperature as well if you’re in the market for a home or selling a home in Vancouver right now. With the BC budget changes for mortgage rates and the empty house and speculation taxes the anticipation is that the market will be a little slower than usual. Currently, it is down about 27% overall in the market compared to this time last year, so you might feel that it’s not a good time to buy or sell a home.
However, based on my experience and being out there every day, that is not the case. Vancouver Real Estate is still very strong. Since its average temperature is usually on the high side to begin with, a 27% decrease is not a lot. People are still buying and selling right now so do not worry if you are thinking of putting your house on the market. It is still a very active market because the buyers you want are still out there as well, looking for their ideal new home, with multiple offers happening regularly on the homes I am selling with my clients.
So, have a wonderful Summer! I think it’s going to be a hot one, both in actual temperature and in the Vancouver Real Estate Market temperature. Vancouver never stops being a desirable city to live in, so contact me for further information if you’d like to sell your home and are wondering if right now is the best time to do so.
If you have plans to ‘getaway’ over the Summer, and have some good ideas, please share them with me. I would love to hear about them and would also love to post it to my network. Especially if you know of any local ‘staycation’ getaways that absolutely must be shared so they can be appreciated by more folks. I am always supporting local businesses as much as possible and providing my reviews to my followers. My goal is to ensure that I know as much about our local communities as possible so that I can share that knowledge and resource with those who are thinking of re-locating and want to know more about a neighborhood or community before moving in.
If you have not seen my Pam’s Picks ~ Vancouver’s Best Kept Secrets Video Series yet, I invite you to look and review some of the top local businesses in Vancouver that I highly recommend for all of the communities that I service. And while you are there, please SUBSCRIBE to my YouTube channel to be kept up to date on any new announcements or business reviews.
Contact me now to schedule a Current Market Assessment review for your home and remember to subscribe to my Community e-mail if you haven’t already, so that you can stay as up to date as possible on current marketing conditions, tax updates, community updates and more.
And, let’s get social – I’d love to connect with you online! ~ Pam Allen
“You don’t just live in a house, you create an atmosphere of home, not only within your four walls, but also in your community”
~ Pam Allen